Will my vehicle qualify for a Section 179 deduction?
R1S and R1T both meet the necessary requirements for the Section 179 tax deduction. Taxpayers can claim a deduction of up to $30,500 for the business use of a Rivian vehicle for the tax year in which the vehicle is purchased/placed in service. To qualify, the vehicle must be used for business purposes more than 50% of the time.
Certain exclusions and limitations apply. You should speak with a tax professional to best understand how Section 179 deductions may apply to you. Rivian does not provide tax advice and the above is for informational purposes only.
Learn more about Section 179 deductions.
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